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Author: Admin | 2025-04-28
President Trump’s administration got the ball rolling for a Strategic Bitcoin Reserve (SBR). There’s an internal working group, led by crypto czar David Sacks, that will look into this. This working group needs to come with a result within 80 days. In other words, in less than three months, an SBR could be official U.S. government policy.But there’s more, Sacks also mentioned stablecoin legislation. This is massive news. And still, that’s not all. Yesterday, President Trump also signed another Executive Order. This EO is to create a Sovereign Wealth Fund. Let’s find out what all these are and what it all means. First, we look into a Strategic Bitcoin Reserve.Strategic Bitcoin ReserveThe new crypto czar, David Sacks, held a press conference yesterday. He announced that President Trump had tasked to set up a working group. This working group should look into the feasibility of a Strategic Bitcoin Reserve. Sacks made sure not to mention the Strategic Crypto Reserve. 🇺🇸 TRUMP’S CRYPTO CZAR JUST SAID THE FIRST THING WE ARE GOING TO LOOK IS THE STRATEGIC #BITCOIN RESERVE 🤯IT’S FINALLY HAPPENING 🚀 pic.twitter.com/Gt2O3xD7bQ— Vivek⚡️ (@Vivek4real_) February 4, 2025That’s an important nuance. In case the workgroup decides to move ahead with an SBR, it may be the momentary halt to an SCT. Currently, there are quite a few countries looking at setting up such an SBR. Is this the start of the Golden Crypto age?El Salvador and Bhutan are currently the only countries who such a reserve in place. As a side note, Bhutan managed to do this by mining Bitcoin with natural resources. It used hydropower. Other countries that have set the wheels in motion for an SBR, besides the USA, are, for example,ArgentinaBrazilChileGermanyHong KongJapanRussia, and a few more.Source: XBrazil, Switzerland, and the US, have now legislation in place to take
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